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Cryptocurrency News Articles
The Meme Games presale raises over $100K in its first 24 hours, capturing attention in the booming memecoin sector
Jul 18, 2024 at 12:38 am
A new memecoin is in town, as an exciting project called The Meme Games has just launched a presale. It has raised over $100K in its opening 24 hours
A new memecoin is entering the market, with an exciting presale for a project called The Meme Games.
It has already raised over $100K in the first 24 hours, highlighting the memecoin's potential to turn heads.
Investors rush to buy MGMES at $0.009
Traders always aim to buy low and sell high.
And that's exactly what early buyers are planning to do with The Meme Games.
Having launched just 24 hours ago, investors can still snag MGMES at its all-time low price of $0.009.
The token is set to get more expensive as the presale progresses, so those looking to get the lowest price should act now.
According to its website, the first presale price rally is in just over a day.
Considering it has already raised $100K, it's clear that many market participants are competing for the best possible entry point.
Memetic excitement meets the Olympic Games... againThe Meme Games is crypto's official memecoin of the 2024 Paris Olympics, which begins on July 26.
That's a big statement to make for its presale debut.
But it's not the first time a memecoin has made headlines around the major sporting event.
In fact, the OG memecoin, Dogecoin, was the first to integrate the Olympics in a major way.
Back in 2014, when the term “memecoin” was known to none except early crypto pioneers, the newly launched Dogecoin raised $30K to send the Jamaican Bobsled team to the Sochi Olympics.
It showcased the real-world impact that tight-knit meme coin communities can have and proved to be a huge boon for the Dogecoin price.
Since then, other memecoins have covered the Olympic Games, but The Meme Games is the first official outfit.
The world will be watching the Olympics.
That creates a lot of value, and there’s no better way to invest than the first official Olympics meme coin.
Memecoins have been the clear winners of the current market cycle.
That's reflected on all-time scales.
For example, Pepe is up 700% this year—more than BTC, ETH, BNB, SOL, and XRP.
On a shorter time frame, Mog Coin is the top-performing token this week, up over 50%.
Meanwhile, other heavyweight meme coins like Pepe and Dogwifhat are up over 30%.
Meme Games 169-Meter dash: presale investors get a shot at 25% bonusesIn the Olympian spirit, The Meme Games has chosen five iconic memecoin characters to be its mascots.
The characters are Dogecoin, Pepe, Floki, Turbo, and Dogwifhat.
When investors buy into the presale, they can choose their favorite character to participate in a 169-meter sprint.
They will get a free 25% bonus if their character wins the race.
Each character has unique strengths and a 20% chance of winning.
It blends skill and chance, which is bound to keep investors on the edges of their seats. And should they miss the mark, there is no minimum purchase requirement—investors can keep entering the presale until their chosen meme character wins the dash.
The Meme Games will also reward its community with a staking feature. Staking is like and currently provides a 4,200% APY. However, this will likely decrease as more tokens are staked.
Those who stake their tokens will face a brief seven-day lockup window post-exchange launch. Investors who don’t stake their tokens will have immediate access. The presale ends on September 8, aligning with the closing ceremony for the Paralympics.
Following that, the exchange launch will take place on September 10. The Meme Games has the best of both worlds. It's tapping into the most global event of summer 2024, and its meme coin facet positions it with massive viral potential.
Everything is in place for The Meme Games to succeed.
For more information, visit the Meme Games presale website or follow the project on X and Telegram for the latest updates.
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